HIGH EQUITY COMMERCIAL PROPERTIES RIVERVIEW FL! HOT AREA!!!

Description

🏢 INVESTMENT OPPORTUNITY IN RIVERVIEW, FL! 🏢

Property Details

📅 Year Built: 1962 (SFR), 1963 (Mobile Home), 1977 (Lounge)
🏪 Property Type: Commercial 1211 Mixed-Use Retail
🛁 Bath: 3/2 (SFR), 1/1 (Mobile Home), Lounge
📏 Sqft: 8,400 🏞️ Lot Size: 1.11 acres
❄️ HVAC: Good condition, plus wall units
🏠 Roof: Metal, in great condition
🔨 Renovations Needed: Cosmetic repairs, new sign, better presentation
🏷️ ARV: $1.1M-1.4M
📈 ROI: $42,000 per year with one renter

Features:

Commercially zoned mixed-use property
545 ft of frontage on US Hwy 301, with 40k+ daily traffic in a fast-developing area
Great potential for any business or investor

Current Status:
Currently renting space for $3500 per month
No mortgage, liens, or unpaid taxes

Motivation to Sell: Moving out of the country
Closing: On or before 3/20/2024

This property offers endless business potential with its prime location and excellent condition. Don’t miss out on this incredible investment opportunity in Riverview, Florida!

Extra Info
THE PROPERTY HAS AND IS STILL IN THE PROCESS OF RENOVATION. CURRENT PICS ONLINE LOOK NOTHING LIKE WHAT IT LOOKS NOW. IT GOT APPRAISED AT 750K IN 2022 AND WILL FOR SURE HIT THE HIGH 900K NOW. THIS IS A STEAL AND WON’T LAST LONG!!!